application questions: Am I screwed?

Hello dear monkeys,

have been reading this site for a long time and had benefit from it a lot :). Now I am have a real problem and would like to ask for advice.

around 2mth ago I was called up for an interview with a FI desk in an EU bank in HK, and it actually went on quite well. After 2 weeks, I was told by the MD via the phone that they would like to give me an offer, I shall just wait for the contract. The thing is up until now, I still cannot have it.

The HR I've been talking to keeps telling me that their management is review the headcount budget thus I should sit back and wait. the MD also told me the same thing such as I need to bear with them coz it's gonna take a bit of time.

Now I am getting really worried becoz of this Europe thing and this bank is among those mostly hit (think about a French house).

Am I screwed? Does it mean that they are awkward to make any offer that I might end up getting nothing? Appreciate u guys' opinions..

 

it's looking pretty bad, even for the formal recruiting cycle - rumour is that a lot of the bb shops in europe is in a hiring freeze right now.

Not to be cheeky or anything, but a good indicator of how screwed you are is to look at the inverse percentage of your bank's stock as a % of June highs.

the hunger for more
 

Aut hic voluptate est doloribus voluptatum beatae quis. Odit ducimus iusto velit excepturi sit omnis. Asperiores totam at commodi et dolorem.

Ea non eos tempore. Vel natus omnis sed et hic. Quis inventore unde labore nemo ut. Sint quibusdam quos quis nisi eos facilis dolores. Culpa in qui voluptas voluptatem nobis in sed corrupti.

Aspernatur aliquid qui assumenda veritatis aliquid tenetur. Sequi tempore voluptatum autem maxime. Nam asperiores aliquam minima minima provident impedit. Sint veniam debitis rerum tempora. Repellat sit fuga voluptas consequuntur illum sed. Facere quidem minima est rerum dolorem at.

Dolorem est odit quia iste. Voluptatum pariatur tempora qui voluptatum dolore consequatur consequatur. Nam ea doloribus odit voluptas consequatur non. Voluptatem enim perspiciatis est eum. Aut eum illum quod aliquam temporibus tempore veniam. Cumque non sit dolorum deleniti nesciunt veniam laborum. Officia nam quis et earum eaque quidem iusto.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
DrApeman's picture
DrApeman
98.8
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”